Our main contention is that two different re-conceptualizations of liberal democracy took place among Chicago economists in the postwar period. The first emerged out of Frank H. Knight's ruminations in the 1930s on the failures of liberalism. By the 1940s, Knight devoted most of his attention to...

The libertarian defense of free enterprise, free trade, and freedom from government regulations and controls is grounded in a normative commitment to individual freedom. The majority of the economics profession, including the Chicago School, are committed in the first instance to methodological...

Paper presented at "The Legacy of Chicago Economics" conference at the Becker-Friedman Institute for Economic Research, The University of Chicago, October 5, 2015. A survey of Frank Knight's contribution to the Chicago School, and a consideration of how the School moved away from Knight's...

Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide...

Research in the History of Economic Thought and Methodology is an annual research series which presents materials in two fields, both broadly considered: the history of economic thought and the methodology of economics.The annual A-volume contains peer-reviewed articles comparable to other...

We examine two related questions. First, whether the emerging literature on collaboration in creative communities provides any insights that might assist us in understanding the Chicago School of Economics. Secondly, whether the history of Chicago economics provides any insights that might...